This is a very nice triplex, inside and out!
Freshly painted stucco building with tile roof.
Newer special engineered wood flooring.
AND ALL UNITS HAVE THEIR OWN SEPARATE WATER METER!! SO YOU CAN MAKE EACH TENANT PAY THEIR OWN WATER BILL!!!!
All units are 2 bedrooms 1 baths.
Kitchens have been upgraded including newer counter tops, cabinets and appliances. Ceiling fans throughout.
Each unit has it's own private fenced yard area!
One car garage for each unit.
Central heating and air.
All units separately metered with gas and electric that tenants sign up and pay for.
Washer and dryer hookups in each unit. One block and walking distance to shopping.
Walk in closets for each unit!!!
This complex really performs. Actual rents are almost at market! And at market rents, we're putting out, $75,600 Annual Gross Income, an impressive 8.60 Gross Rent Multiplier, a seldom seen 9.94% Cap Rate, and a robust 19.37% Cash on Cash return. Please see MARKETING PACKAGE for details including rent roll, income, and expenses.
Finally, we have two other triplexes like this that can be bought. Please call for details on a package deal!!!